CBN considers raising commercial banks’ capitalisation

[ad_1] • Bank Adopts Inflation Targeting, Says It Meets MPC Meeting Requirement• Discontinues Intervention Programme, To Continue With Core Mandates Commercial banks in the country may be required to increase…

CBN considers raising commercial banks’ capitalisation | The Guardian Nigeria News – Nigeria and World News

[ad_1] • Bank Adopts Inflation Targeting, Says It Meets MPC Meeting Requirement• Discontinues Intervention Programme, To Continue With Core Mandates Commercial banks in the country may be required to increase…

Again, CBN postpones MPC meeting

[ad_1] The Central Bank of Nigeria (CBN) has, for the second consecutive time, postponed the Monetary Policy Committee (MPC) meeting slated for today (Monday) and Tuesday. According to the MPC…

Benin monarch tasks CBN governor on monetary policies beneficial to Nigeria’s economy

[ad_1] The Benin Monarch, Oba Ewuare II has urged the management of the Central Bank of Nigeria (CBN) to come up with monetary policies that will benefit the nation’s economy.…

CBN

[ad_1] Nigeria’s official exchange rate is projected to weaken to N1,068.3/$ by 2025, according to a new report by the Economist Intelligence Unit (EIU).  The report also indicates that CBN…

CBN Begins Clearance Of $10bn Forex Backlogs Of Foreign Airlines, Others

[ad_1] The Central Bank of Nigeria (CBN), has started clearing over $10 billion foreign exchange backlogs of commercial banks and foreign airline operators. This is as the apex bank also…

Relief for Nigeria as CBN begins to clear FX backlog

[ad_1] The Central Bank of Nigeria (CBN) has delivered over 75 percent to 80 percent of outstanding matured FX forwards in banks. According to the source who told BusinessDay, only…

CBN denies currency redenomination as C’ttee assures of Naira stability by Dec

[ad_1] By Collins Olayinka and Joseph Chibueze, Abuja |   01 November 2023   |   4:13 am   •Yusuf tasks FG on policy stabilityThe Central Bank of Nigeria (CBN)…

Unbanned 43 items: CBN wants to kill our businesses, local producers cry out

[ad_1] By Collins Olayinka, Anthony Otaru and Joseph Chibueze, Abuja |   21 October 2023   |   4:40 am   • Say More Factories May Close Down • Naira Slide…

CBN under Emefiele was ‘den of malfeasance’ – Tinubu

[ad_1] Nigeria’s central bank had become a ‘den of malfeasance’ that needed a ‘thorough housecleaning,’ President Bola Tinubu said Sunday. Mr Tinubu in a broadcast to mark the country’s 63rd…